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Reuters reported that a new supply agreement and higher profits boosted stock prices for Molycorp (NYSE:MCP).
Reuters reported that a new supply agreement and higher profits boosted stock prices for Molycorp (NYSE:MCP).
The market news is quoted as saying:
After the market closed on Thursday, Molycorp reported second quarter earnings of 52 cents a share, beating analyst expectations of 40 cents a share, according to Thomson Reuters I/B/E/S.